Capitalism is an economic system in which individuals control the means of production.
<h3>What is capitalism?</h3>
Capitalism is an economic system in which individuals control the means of production. Mercantilism involves government control of the means of production. We shall now check which statements describe the terms given.
Capitalism - it is an economic system that relies on a free market.
Mercantilism - The government is in control of the nation’s economy.
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<span>The result of Opium
wars was Treaty in Nanking which states that Chine has to open more ports to
Europeans to trade and travel. Opening many trading posts all throughout the
country, along the coast and rivers, Europeans could sell all manner of things,
not only opium. China’s boarders being open also attracted Christian missionaries
which resulted in Taiping Rebellion costing millions of lives.</span>
Although there was a plethora of factors preventing African Americans from advancing economically during the 1950s, the most significant was B.)<span> poor educational opportunities</span>.
